The number one essential that every international student absolutely needs before coming to the US is a debit card. Not only will it make everyday tasks more convenient, it is also one of the best ways to make sure that your money is safe so you won’t constantly have to worry about it. However, those aren’t the only pros of having a debit card as an international student. Here are the reasons why you should get a debit card before studying abroad.
Learn to manage finances
Opening your own bank account and getting a debit card is your first step toward adulthood. A debit card will allow you to control your own expenses and learn to manage your money as you’ll be able to see your daily transactions and control your spending.
One of the easiest ways to sign up for a US bank account, as an international student, is through Ellis Money. Opening a bank account on Ellis Money only takes 5 minutes through the Ellis app, and you’ll get a virtual Visa debit card as soon as your information gets approved so that you can start spending right away. You can also request for a physical Visa debit card whenever you want.
Carrying a debit card is definitely more convenient than carrying around stacks of cash. Plus, who likes carrying around coins? You just end up accumulating more and more coins, making your wallet heavier than it has to be. They’re also so difficult to get out of your wallet, especially when you’re trying to quickly pay for something with a thousand other people in the line behind you. So, save yourself some time and make your life easier by carrying a debit card.
With a debit card, you won’t have to worry about having the correct currency when you travel. You can easily buy things in different currencies without having to go to the exchange to get stacks of cash in the specific country’s currency, making traveling a lot easier.
Safe and secure
Unlike cash, which can’t be recovered when lost or stolen, the money in your bank account will be safe and secured. Especially with Ellis, you won’t ever have to worry about losing your money as our bank accounts are FDIC insured. This is definitely crucial when you’re traveling back and forth between countries as you don’t want to be carrying around stacks of cash and risk losing your money on international flights.
Most people in the US nowadays use cards instead of cash since it’s more convenient. As a result, many small businesses only accept cards as it is also easier for them. So, you should become acquainted with using a debit card in the US due to its popularity and becoming a preference within the country.